<p>The news that China might buy Italian bonds helped encourage investors Monday, however it was denied by an Italian official Tuesday.<br /><br />Political leaders of Greece, Germany and France will hold a conference call Wednesday to discuss Greek debt problems.<br /><br />On the economic front, the US labour department said that US import prices fell 0.4 percent in Aug as a result of lower fuel, food and industrial material costs.<br /><br />Meanwhile, the small businesses optimism index fell 1.8 points to 88.1 in Aug, according to the National Federation of Independent Business, as small business participants were gloomy about future business gains.<br /><br />CBOE VIX index, the fear index in the market, declined 4.35 percent to 36.91 Tuesday.<br />The Dow Jones industrial average gained 44.73 points, or 0.40 percent, to 11,105.85. The Standard & Poor's 500 jumped 10.60 points, or 0.91 percent, to 1,172.87. The Nasdaq Composite Index rallied 37.06 points, or 1.49 percent, to 2,532.15.<br /><br />The US dollar traded mixed against major currencies in late New York trading Tuesday as investors concerned about euro zone debt crisis and mixed economic data added on uncertainty.<br /><br />As for oil, light, sweet crude for Oct. delivery jumped 2.02 dollars, or 2.29 percent to settle at $90.21 a barrel on the New York Mercantile Exchange.<br /><br />In London, Brent crude for Oct. delivery fell 36 cents, or 0.32 percent to close at $111.89 a barrel.</p>
<p>The news that China might buy Italian bonds helped encourage investors Monday, however it was denied by an Italian official Tuesday.<br /><br />Political leaders of Greece, Germany and France will hold a conference call Wednesday to discuss Greek debt problems.<br /><br />On the economic front, the US labour department said that US import prices fell 0.4 percent in Aug as a result of lower fuel, food and industrial material costs.<br /><br />Meanwhile, the small businesses optimism index fell 1.8 points to 88.1 in Aug, according to the National Federation of Independent Business, as small business participants were gloomy about future business gains.<br /><br />CBOE VIX index, the fear index in the market, declined 4.35 percent to 36.91 Tuesday.<br />The Dow Jones industrial average gained 44.73 points, or 0.40 percent, to 11,105.85. The Standard & Poor's 500 jumped 10.60 points, or 0.91 percent, to 1,172.87. The Nasdaq Composite Index rallied 37.06 points, or 1.49 percent, to 2,532.15.<br /><br />The US dollar traded mixed against major currencies in late New York trading Tuesday as investors concerned about euro zone debt crisis and mixed economic data added on uncertainty.<br /><br />As for oil, light, sweet crude for Oct. delivery jumped 2.02 dollars, or 2.29 percent to settle at $90.21 a barrel on the New York Mercantile Exchange.<br /><br />In London, Brent crude for Oct. delivery fell 36 cents, or 0.32 percent to close at $111.89 a barrel.</p>